Yellen Warns Nations Staying Neutral in Russia’s War With Ukraine

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WASHINGTON—Treasury Secretary Janet Yellen mentioned nations that keep their ties to Russia after its invasion of Ukraine danger going through isolation from the worldwide financial system, sending a warning shot to nations which have to this point remained impartial in the battle.

As it has crafted with its allies a wide-ranging bundle of sanctions on Russia, the U.S. has urged China, a close partner of Russia, to not present substantive support to Russia or take steps to undercut the sanctions. It has additionally sought to push nations that haven’t put penalties on the Russian financial system, notably India, to take a harder stance in opposition to Moscow.

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